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Hawaii County Council <br />Page 2 <br />March 1, 2004 <br />Of the 39 Capital Budget projects, 24 are new facilities or miscellaneous improvements ($31.13M), 4 are replacement of existing facilities <br />($6.57M), and 11 are improvements to existing facilities ($8.89M) (see Table 2). Approximately 55% of the budget is for public health <br />and safety projects, followed by culture/recreation (17%), general goverment facilities (17%), and transportation (11%) (see Table 4 and <br />Figure 2). <br />Funding Sources <br />Capital projects are typically funded by debt (bonds, State Revolving Fund loans), revenue sources (fuel tax, other special revenues, fair <br />share contributions), State CIP grants, and various federal grant or loan sources. The projects funded by fuel tax are approved in a <br />separate ordinance. The Capital Budget presented herein includes those capital projects intended to be funded in whole or part by bonds <br />or special revenues and State Revolving Fund loans. None of the proposed Capital Budget projects are intended to be funded from current <br />revenues. <br />The State Revolving Fund, which is a low interest loan program for wastewater projects, is the proposed source for five projects totaling <br />$13.55M three of the projects are to replace large -capacity cesspools in areas with County sewer systems (Komohana Heights, Queen <br />Liliuokalani subdivision) or at County facilities, one is to extend the sewer system in a high priority coastal area (Kalanianaole collector <br />sewer in Keaukaha), and the fifth is a followup phase of the Kealakehe effluent reuse project. There are no projects requiring County <br />matching for federal highway funding since all matching requirements for County projects on the State Transportation Improvements <br />Program (STIP) for this coming fiscal year are covered by existing appropriations. A federal Special Purpose Grant ($250,000) is <br />anticipated to partially fund Reed's Bay improvements, and is therefore included for appropriation. Federal CDBG funding, which is <br />appropriated separately, is anticipated to supplement capital appropriations for ADA Facilities Improvements for park projects (SIM). <br />Table 5 lists the proposed funding source for each project. <br />